We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family tradition of bequeathing" as a channel through which the intention to bequeath is moulded by and is positively correlated with the experience of inheriting. Using data from the...

We relate to others in two important ways: we care about others, and we care about how we fare in comparison to others. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism. Caring about how we fare in comparison with others who fare...

We weave together care-giving, gender, and migration. We hypothesize that daughters who are mothers have a stronger incentive than sons who are fathers to demonstrate to their children the appropriate way of caring for one's parents. The reason underlying this hypothesis is that women on average...

Strong ties with the home country and with the host country can coexist. An altruistic migrant who sends remittances to his family back home assimilates more the more altruistic he is, and also more than a non-remitting migrant.

In a haystack-type representation of a heterogeneous population that is evolving according to a payoff structure of a prisoner's dilemma game, migration is modeled as a process of 'swapping' individuals between heterogeneous groups of constant size after a random allocation fills the haystacks,...

Extending both the 'harmful brain drain' literature and the 'beneficial brain drain' literature, this paper analyzes both the negative and the positive impact of migration by skilled individuals in a unified framework. The paper extends the received literature on the 'harmful brain drain' by...

Illegal migrants supply a valuable productive input: effort. But their status as illegals means that these migrants face a strictly positive probability of expulsion. A return to their country of origin entails reduced earnings when the wage at origin is lower than the wage at destination. This...

This paper provides a novel explanation of 'educated unemployment,' which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that 'educated unemployment' is caused by the perspective of international migration, that is, by the...

Quite often, migrants appear to exert little effort to absorb the mainstream culture and to learn the language of their host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We show that when interpersonal comparisons affect...